Thardeep Microfinance foundation extending its loan services to the individuals who want to install tube wells/ Turbines for utilizing underground water for agriculture purpose including cost of machine, Generators, Pipes, accessories and civil work.

Loan Eligibility

• Age between 18 to 65 year
• Valid CNIC of borrower
• Valid CNIC of Guarantor
• Must be a permanent resident of same place from last 2 years
• Social/Tangible Guarantee as per policy

Lending Methodology

• Individual

Loan Amount

• Minimum Loan Amount: 25,000
• Maximum Loan Amount: 5,00,000

Loan Duration

• Minimum: 12 months
• Maximum: 36 Months

Repayment Frequency

• Lump-sum

Insurance

• Client Life covered as per loan Amount

Collateral/Tangible Guarantee

• Up to Loan amount of Rs. 100,000
• Requirement of Guarantor
• Non-Family Member
• Bank cheques and statement as per loan policy and procedure
• Guarantor must be a Government employee or Market shop keeper

Disbursement and Recovery

• Bio metric disbursement in 1 to 3 days after the appraisal
• Easy repayment through ADCS channel and Mobile account